Eastern Media International Corp., which currently owns a 30% stake in Eastern Broadcasting Co., is reportedly placing a bid to acquire Carlyle Group's entire 61% stake in Taiwan's largest broadcasting company.
Le Groupe Lactalis reportedly acquired India's Tirumala Milk Products for $275 million. Lactalis bought the 74% stake held by Tirumala Milk's founders and the remaining 26% from private equity firm Carlyle Group.
US-based private equity group Blackstone bought a further 2.79% stake in Mumbai, India-based commodity bourse Multi Commodity Exchange (MCX) from foreign fund house Merrill Lynch, bringing its total holding to 4.99%.
BlackRock Inc's Asia Property Fund III is exiting its Westin hotel in Singapore to Tokyo-based property developer Daisho Group in a deal valued at S$468 million ($369 million).
Qatar-based oil and gas drilling company Gulf Drilling International (GDI) is poised to become a wholly-owned subsidiary of Gulf International Services (GIS) with the latter acquiring the entire 30% stake held by Japan Drilling Corp (JDC), according to a GIS spokesman.
Australian construction firm Leighton, is buyout out Welspun Group's 40% stake in the company in a $100-million deal (INR62 crore), according to a person directly familiar with the matter.
Shanghai-based investment fund China Media Capital (CMC) purchased a stake in Beijing-based business media entity Caixin Media Company Ltd from Zhebao Media Holding Group Co Ltd for an undisclosed amount.
Veritas Investments, the owner of the Mad Butcher business in New Zealand, is poised to spend $3.4 million in combined cash and shares to acquire a stake in the local Burger King patty supplier Kiwi Pacific Foods.
The Japanese government will shoulder the decontamination costs from the 2011 Fukushima nuclear disaster through the sale of its shares in Tokyo Electric Power Co. Decontamination costs are estimated to reach ¥2.5 trillion.
Boston-based firm Liberty Mutual Insurance Group reportedly paid more than €100 million to acquire a 49% stake in Irish Bank Resolution Corporation (IRBC), amid plans to open 150 new technology jobs in Dublin, Ireland.
Private equity firm Blackstone Group has put up for sale its 13.09% stake in Indian drug company Emcure Pharmaceuticals. The stake will be sold to rival private equity firm Bain Capital for INR650 crore.
LIG Insurance Co. has put up for sale a controlling stake of 20.96% in the South Korean non-life insurer to compensate investors for losses sustained after buying debt issued by its affiliate. It has hired Goldman Sachs Group to advise on the sale.
Philippine-based conglomerate GT Capital Holdings Inc bought more than 40% of car dealership Toyota Manila Bay Corp (TMBC) in a deal valued at PHP502.25 million.
Spain's bank restructuring fund FROB on Monday announced that it had received six binding offers for a majority stake in bailed-out bank NCG Banco. Banks and private equity firms from Spain, Venezuela and US reportedly eye the NCG stake.
The San Francisco-based Industry Ventures, an investment firm that buys stakes in private companies through the secondary market, has raised a $425 million fund.